‘Default risk’: IMF sets new condition for Pakistan

ISLAMABAD: The International Monetary Fund (IMF) is looking to assess Saudi Arabia’s commitment to financing Pakistan before the global lender disburses fresh funds to the South Asian nation, ARY News reported quoting Bloomberg.   Bloomberg, while quoting familiar sources, reported that the IMF wants to ensure that Saudi Arabia will follow through with as much as $4 billion in funding to Pakistan to ensure Islamabad … Continue reading ‘Default risk’: IMF sets new condition for Pakistan